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The Latest Breaking News from Oil

Crude Prices Recover on Comments from Treasury Secretary Bessent

April WTI crude oil (CLJ25 ) Thursday closed up +0.05 (+0.08%), and April RBOB gasoline (RBJ25 ) closed down -0.0358 (-1.68%). Crude oil and gasoline prices settled mixed on Thursday. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook for energy demand. Also, ramped-up Russian...

Barchart

Guyana Appeals To UN Court As Venezuelan Plans Vote In Disputed Zone

Guyana on Thursday sought relief from the UN's highest court after Venezuela said it would hold elections in the oil-rich Essequibo border region that both neighbors lay claim to.

International Business Times

Crude Prices Slip on Energy Demand Concerns and Bountiful Global Oil Supplies

April WTI crude oil (CLJ25 ) today is down -0.42 (-0.63%), and April RBOB gasoline (RBJ25 ) is down -0.0391 (-1.83%). Crude oil and gasoline prices today are moderately lower, but crude oil remains above Wednesday's 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs...

Barchart

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BP cuts boss’s pay by 30% after company misses profit targets

Murray Auchincloss paid £5.4m in 2024 as oil company ditched green investment strategy

The Guardian - UK

Scotland faces ‘dole baby dole’, Tories say, as North Sea oil plan unveiled

Industry minister Sarah Jones pledged a ‘well-managed, orderly and prosperous transition’ away from oil and gas.

Evening Standard

North Sea firm blames windfall tax as dozens of jobs to be cut

EMPLOYEES at a firm involved in the North Sea oil and gas industry could be axed from their jobs.

The National (Scotland)

Big oil is waging ‘biggest campaign of political interference in US history’, senator says

Fossil fuel groups poured a record $96m into Trump ahead of the 2024 election, demanding more scrutiny, not less, says Sheldon Whitehouse

The Guardian - US

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Why fear of billion-dollar lawsuits stops countries phasing out fossil fuels

Companies can sue governments for closing oilfields and mines – and the risk of huge damages is already stopping countries from passing green laws, ministers say

The Guardian - UK

Labour Government set to scrap North Sea windfall tax

THE Labour Government has launched a consultation on plans to scrap the windfall tax when it comes to an end in 2030.

The National (Scotland)

ASX plumbs new low for the year in third straight fall

Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.

AAP

“I want to be a f***ing Medici.” A Banksy original formerly owned by Blink-182's Mark Hoppus has sold for £4.3million at auction, and the punk rocker wants to use the money to buy work from upcoming artists.

Banksy's ‘Crude Oil (Vettriano)’ has a new owner, whose bank account is now £4.3 million lighter

Louder

Crude Oil Prices Fall Sharply on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) Wednesday closed down -1.95 (-2.86%), and April RBOB gasoline (RBJ25 ) closed down -0.0572 (-2.61%). Crude oil and gasoline prices retreated Wednesday, with crude falling to a 1-3/4 year low. Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook...

Barchart

The US energy market has its troubles, though it may not be a ‘national emergency’

President Donald Trump’s declaration of a “national energy emergency” on his first day in office – and which he reiterated during his address to Congress on March 4, 2025 – might have seemed to echo other national emergencies, like those presidents declared in the wake of the Sept. 11, 2001,…

The Conversation

Urban rivers ‘vulnerable’ to pollution, MP warns after ‘massive’ spill

The Environment Agency has launched an investigation after thousands of litres of oil spilled into a river, water minister Emma Hardy said

Evening Standard

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Barchart

Crude Prices Plunge on Energy Demand Concerns and Over-Supply Fears

April WTI crude oil (CLJ25 ) today is down -2.91 (-4.26%), and April RBOB gasoline (RBJ25 ) is down -0.0942 (-4.29%). Crude oil and gasoline prices today are sharply lower, with crude sliding to a 1-3/4 year low. Crude prices are under pressure today as US tariff uncertainty weighs on...

The Guardian - UK

Ban on new drilling confirmed as ministers consult on North Sea’s ‘clean energy future’

Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sector

Evening Standard

Government announces plans to axe oil and gas windfall tax in 2030

Ministers will consult with North Sea businesses, trade unions, workers, green groups and communities over plans for the energy sector’s future.

Woman & Home

Short almond nails are the chic and tidy shape we're seeing everywhere

For an elongated look without excessive length, short almond nails are set to be 2025's go-to shape...

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Evening Standard

MP calls for inquiry after 'shocking' oil spill in London river destroys wildlife

An estimated 4,000 litres of diesel spilled into the River Wandle

International Business Times

Minerals, Mines, Hydrocarbons: Greenland's Key But Limited Resources

The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation.

Al Jazeera

Which US states could be hit hardest by Trump’s Canada and Mexico tariffs?

Montana imports 93 percent of its goods from Canada and Mexico, the most of any state.

MarketBeat

2 Energy Stocks to Play Both Sides of Tariff Uncertainty

Import tariffs on Mexico and Canada for 25% and an additional 10% on China has investors scrambling for shelter from the fallout, here's 2 stocks that can.

The Fashion Central

Homemade Natural Face Cleansers For Different Skin Types

Face wash and Cleansers are the most important part of our daily skincare routine. Face wash removes the excessive oil and dirt from the skin, whereas

MarketBeat

What Stagflation Means For Investors and These Stocks

Stagflation risks are starting to trickle into the market's sentiment and narrative, and investors need to understand what that means for them.

The Independent UK

Herby chicken, leek and mushroom casserole – the ultimate no-fuss Sunday dinner

This one-pot wonder from ‘The Batch Lady: Rapid Dinners’ is packed with flavour, preps in minutes and can be made fresh or straight from the freezer – no stress, no mess

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